Crozet, VA Profile: Facts & Data

The Crozet Census Designated Place had a population of 7,719 as of July 1, 2020.

The primary coordinate point for Crozet is located at latitude 38.0696 and longitude -78.7006 in Albemarle County. The formal boundaries for the Crozet Census Designated Place encompass a land area of 4.42 sq. miles and a water area of 0.03 sq. miles. Albemarle County is in the Eastern time zone (GMT -5). The elevation is 718 feet.

The Crozet Census Designated Place (GNIS ID: 2389381) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Alternate Unofficial Names for Crozet: Land of Oz, Wayland, Waylands Crossing.

Crozet, VA Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	7,719 (100%)
Population in Households	7,710 (99.9%)
Population in Families	6,644 (86.1%)
Population in Group Quarters¹	9 ( 0.1%)
Population Density	1,747
Diversity Index²	26


INCOME
Median Household Income	$90,679
Average Household Income	$115,693
% of Income for Mortgage⁴	18%
Per Capita Income	$43,540
Wealth Index⁵	142

HOUSING
Total HU (Housing Units)	3,124 (100%)
Owner Occupied HU	2,192 (70.2%)
Renter Occupied HU	735 (23.5%)
Vacant Housing Units	197 ( 6.3%)
Median Home Value	$394,064
Average Home Value	$430,244
Housing Affordability Index³	138

HOUSEHOLDS
Total Households	2,927
Average Household Size	2.63
Family Households	2,107
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Crozet, VA - Peer Comparisons by Rank and Percentile

The table below compares Crozet to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	3.24%	2.61%
Households	3.2%	2.58%
Families	3.22%	2.48%
Median Household Income		2.23%
Per Capita Income		2.94%
Owner Occupied HU		1.03%

Variable Description	Rank	Percentile
Total Population	# 157	74th
Population Density	# 157	74th
Median Household Income	# 118	80th
Housing Affordability Index	# 157	26th
Per Capita Income	# 115	81st
Diversity Index	# 438	26th

Crozet, VA Profile: Facts & Data

Crozet, Virginia - Basic Facts

Crozet, VA Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Crozet, VA - Peer Comparisons by Rank and Percentile

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